LUXEYA
  • Introduction
    • Market Potential
    • What We Build
  • โ™ป๏ธLuxeya Ecosystem
    • Core Innovations
    • LUXEYA PWA & Blockchain
    • Virality Features
  • ๐ŸŽฎGame Mechanics
    • User Journey
    • PvP Battles & Trades
    • Sweepstakes
    • Tap-To-Enter (AMOE)
  • ๐Ÿ’ตNative Token ($LUXA)
    • Utility
    • Sustainability & Tokenomics
    • TOKENOMICS
  • ๐ŸŽ๏ธMarketplace & RWA NFT
    • How To Claim
    • How It Works
  • ๐Ÿ“ˆRoadmap
  • โญ•Governance & DAO
  • Glossary
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Governance & DAO

DAO Governance NFTs

๐™‡๐™๐™“๐™€๐™”๐˜ผ operates as a Decentralized Autonomous Organization (DAO), where DAO Governance NFT holders have voting power over key project decisions. These NFTs grant holders direct influence on development, operations, and future upgrades.

Governance NFTs are distributed to early contributors, ensuring that the platform is community-driven and transparent from the start.

DAO Governance Portal

Holders of DAO Governance NFTs gain access to an exclusive governance portal, restricted to wallets containing these specific NFTs. Each NFT represents a voting power level ranging from 1 to 10,000 votes, and votes are recharged weekly at the start of a new draw, ensuring continuous participation in decision-making.

Acquiring DAO Governance NFTs

DAO Governance NFTs are distributed to early contributors and token pre-sale participants. Users who purchase a certain amount of $๐™‡๐™๐™“๐˜ผ during the pre-sale are automatically awarded a DAO Governance NFT, granting them the right to vote on key platform decisions.

Examples of DAO Voting Operations

  • Marketing Strategy Decisions: DAO members vote on marketing strategies, such as selecting agencies or influencers for promotional campaigns. If multiple marketing firms submit proposals, members review and vote on the best option. The chosen agency receives funding via smart contract execution.

  • Prize Selection for Future Draws: Members vote on which luxury items should be added to the prize pool. For example, if a luxury car dealership offers multiple options, the DAO selects the most desirable ones. Once the vote is finalized, a smart contract triggers the purchase and tokenization of the selected assets.

DAO Member Benefits

Beyond governance rights, DAO members are rewarded in $๐™‡๐™๐™“๐˜ผ for their active participation. A percentage of the total rewards allocated for RWA prizes is distributed among voting participants, incentivizing engagement and ensuring that decision-making aligns with the communityโ€™s interests.

๐™‡๐™๐™“๐™€๐™”๐˜ผ operates as a Decentralized Autonomous Organization (DAO), where DAO Governance NFT holders have voting power over key project decisions. These NFTs grant holders direct influence on development, operations, and future upgrades.

Governance NFTs are distributed to early contributors, ensuring that the platform is community-driven and transparent from the start.

DAO Governance Portal

Holders of DAO Governance NFTs gain access to an exclusive governance portal, restricted to wallets containing these specific NFTs. Each NFT represents a voting power level ranging from 1 to 10,000 votes, and votes are recharged weekly at the start of a new draw, ensuring continuous participation in decision-making.

Acquiring DAO Governance NFTs

DAO Governance NFTs are distributed to early contributors and token pre-sale participants. Users who purchase a certain amount of $๐™‡๐™๐™“๐˜ผ during the pre-sale are automatically awarded a DAO Governance NFT, granting them the right to vote on key platform decisions.

Examples of DAO Voting Operations

  • Marketing Strategy Decisions: DAO members vote on marketing strategies, such as selecting agencies or influencers for promotional campaigns. If multiple marketing firms submit proposals, members review and vote on the best option. The chosen agency receives funding via smart contract execution.

  • Prize Selection for Future Draws: Members vote on which luxury items should be added to the prize pool. For example, if a luxury car dealership offers multiple options, the DAO selects the most desirable ones. Once the vote is finalized, a smart contract triggers the purchase and tokenization of the selected assets.

DAO Member Benefits

Beyond governance rights, DAO members are rewarded in $๐™‡๐™๐™“๐˜ผ for their active participation. A percentage of the total rewards allocated for RWA prizes is distributed among voting participants, incentivizing engagement and ensuring that decision-making aligns with the communityโ€™s interests.

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Last updated 2 months ago

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